Virginia schools buck trend of national student debt increases
By Lizzy Turner | October 18, 2012Two-thirds of graduates from the class of 2011 reported a five percent increase in student-loan debt, totaling an average of $26,500 upon graduation, according to a study released Thursday by the Institute for College Access and Success. Perpetually increasing pricetags are a contemporary hallmark of higher education across the nation, with the University’s out-of-state tuition per semester having risen about $10,000 in the past decade. The report’s findings detailed slight decreases in debt, however, for those who graduate from Virginia colleges, with a total amount of about $24,000 upon graduation.